The Thai Credit Guarantee Corporation (TCG) has pledged to provide loan guarantees to self‑employed individuals—including YouTubers—who seek to purchase properties.

This measure is designed to address a persistently high loan rejection rate of nearly forty percent, as noted by TCG President Sittikorn Direksoonthorn.

Mr Sittikorn is in active discussions with the Housing Business Association to explore ways of helping small and medium‑sized enterprises (SMEs) acquire commercial property—such as shophouses and office buildings—for use as stable business premises.

The plan would use TCG’s credit guarantee mechanism to give financial institutions greater confidence in approving such loans.

This initiative targets a wide range of self‑employed professionals: YouTubers, architects, engineers, online merchants, restaurant operators and street vendors.

It aligns with government policy both to stimulate the commercial real estate market and to ease financial constraints on entrepreneurs, helping them establish stable operations and thereby support the Thai economy.

Mr Sittikorn noted that the annual value of new loans for commercial properties—both new and second‑hand—has steadily declined to around five hundred billion baht, while rejection rates remain near forty percent.

By leveraging TCG’s guarantees to absorb credit risk, he said banks’ willingness to lend would rise, enabling more SMEs to secure property financing.

He also emphasised that the initiative could help preserve employment in the broader property‑related supply chain by reviving real estate transactions.

TCG had earlier launched the “Smart Build” programme under its Sustainable SME Loan Guarantee Project, with a guarantee limit of five hundred million baht.

That programme supported SMEs in real estate roles, including construction and property development, many of which faced liquidity constraints.

“TCG is ready to support all SME groups—from those needing commercial pickups to earn a living, to those seeking commercial properties for their businesses,” Mr Sittikorn declared.

“The goal is to strengthen SMEs in key sectors and help stimulate the Thai economy.”

This expansion of TCG’s guarantee programmes comes amid broader efforts to enhance financing access for smaller businesses.

These include restructuring of the overall guarantee system and the establishment of a new National Credit Guarantee Agency to streamline guarantees through individual risk assessment and risk‑based pricing, aimed at improving credit availability and reducing financial barriers for SMEs.